Administration officials speak of an alarming loss of trust and confidence between China and the United States over the past two years, forcing them to scale back hopes of working with the Chinese on major challenges like climate change, nuclear nonproliferation and a new global economic order.

You can see this especially in Obama’s latest trip to Asia and his support for elevating India to the Security Council. This article was published before the trip and the midterm elections, and I definitely feel like some of the fear-mongering associated with the election has tempered slightly in the past few weeks. For a while, Blue Dogs and Tea Partiers alike were really shredding our precious guanxi (if there is one Chinese word you should know, it should be guanxi, or relationship). But the political system has now let out some steam.

There’s not much more analysis I can add that isn’t already covered excellently in the article (see below), only to say that we should neither disparage China’s (and our) growing calcification nor try to take an even harder-line to our relationship. This is simply a natural, and predictable reaction by the American public (and in reaction to them, Congress) to rather distressing bilateral economic policy conducted by both countries over the past decade.

To round out, here’s an especially pertinent section of analysis:

Political factors at home have contributed to the administration’s tougher posture.With the economy sputtering and unemployment high, Beijing has become an all-purpose target. In this Congressional election season, candidates in at least 30 races are demonizing China as a threat to American jobs.

At a time of partisan paralysis in Congress, anger over China’s currency has been one of the few areas of bipartisan agreement, culminating in the House’s overwhelming vote in September to threaten China with tariffs on its exports if Beijing did not let its currency, the renminbi, appreciate.

The trouble is that China’s own domestic forces may cause it to dig in its heels. With the Communist Party embarking on a transfer of leadership from President Hu Jintao to his anointed successor, Xi Jinping, the leadership is wary of changes that could hobble China’s growth.